UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the month of July 2022
PEARSON plc
(Exact name of registrant as specified in its charter)
N/A
(Translation of registrant's name into English)
80 Strand
London, England WC2R 0RL
44-20-7010-2000
(Address of principal executive office)
Indicate by check mark whether the Registrant files or will file annual reports
under cover of Form 20-F or Form 40-F:
Form 20-F X Form 40-F
Indicate by check mark whether the Registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934
Yes No X
PEARSON PLC
(the "Company")
Notification of Director and PDMRs' Interests
Below are details of purchases (made under the Company's Non-Executive Directors' Share Purchase Plan) of Pearson plc ordinary shares of 25p each and American Depositary Receipts (ADRs) made on the London and New York Stock Exchanges on behalf of the Company's Chair and Non-Executive Directors on 30th June 2022:
Name of Director | No. of Shares Purchased | Price per Share* | Total Holding Following Notification |
Sherry Coutu | 1,067 | £7.44 | 8,646 |
Graeme Pitkethly | 276 | £7.44 | 9,996 |
Tim Score | 2,683 | £7.44 | 61,796 |
Annette Thomas | 477 | £7.44 | 1,433 |
Lincoln Wallen | 530 | £7.44 | 15,306 |
Name of Director | No. of ADRs Purchased | Price per ADR* | Total Holding Following Notification |
Omid Kordestani | 13,517 | $9.09 | 15,706 |
Esther Lee | 458 | $9.09 | 763 |
Linda Lorimer | 579 | $9.09 | 17,108 |
* rounded to two decimal places.
The following notifications, made in accordance with the requirements of the UK Market Abuse Regulation, give further detail.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Sherry Coutu | |
2 | Reason for the notification | ||
a) | Position/status | Non-Executive Director | |
b) | Initial notification /Amendment | Initial notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Pearson plc | |
b) | LEI | 2138004JBXWWJKIURC57 | |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of 25 pence each in Pearson plc ISIN: GB0006776081 | |
b) | Nature of the transaction | Purchase of shares arising from Company's Non-Executive Directors' Share Purchase Plan | |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
Purchase price: £7.444 per share | 1,067 | ||
d) | Aggregated information - Aggregated volume - Price | Aggregated volume: 1,067 shares Aggregated price: £7,942.75 | |
e) | Date of the transaction | 30 June 2022 | |
f) | Place of the transaction | London Stock Exchange (XLON) |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Graeme Pitkethly | |
2 | Reason for the notification | ||
a) | Position/status | Non-Executive Director | |
b) | Initial notification /Amendment | Initial notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Pearson plc | |
b) | LEI | 2138004JBXWWJKIURC57 | |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of 25 pence each in Pearson plc ISIN: GB0006776081 | |
b) | Nature of the transaction | Purchase of shares arising from Company's Non-Executive Directors' Share Purchase Plan | |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
Purchase price: £7.444 per share | 276 | ||
d) | Aggregated information - Aggregated volume - Price | Aggregated volume: 276 shares Aggregated price: £2,054.54 | |
e) | Date of the transaction | 30 June 2022 | |
f) | Place of the transaction | London Stock Exchange (XLON) |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Tim Score | |
2 | Reason for the notification | ||
a) | Position/status | Deputy Chair | |
b) | Initial notification /Amendment | Initial notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Pearson plc | |
b) | LEI | 2138004JBXWWJKIURC57 | |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of 25 pence each in Pearson plc ISIN: GB0006776081 | |
b) | Nature of the transaction | Purchase of shares arising from Company's Non-Executive Directors' Share Purchase Plan | |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
Purchase price: £7.444 per share | 2,683 | ||
d) | Aggregated information - Aggregated volume - Price | Aggregated volume: 2,683 shares Aggregated price: £19,972.25 | |
e) | Date of the transaction | 30 June 2022 | |
f) | Place of the transaction | London Stock Exchange (XLON) |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Annette Thomas | |
2 | Reason for the notification | ||
a) | Position/status | Non-Executive Director | |
b) | Initial notification /Amendment | Initial notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Pearson plc | |
b) | LEI | 2138004JBXWWJKIURC57 | |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of 25 pence each in Pearson plc ISIN: GB0006776081 | |
b) | Nature of the transaction | Purchase of shares arising from Company's Non-Executive Directors' Share Purchase Plan | |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
Purchase price: £7.444 per share | 477 | ||
d) | Aggregated information - Aggregated volume - Price | Aggregated volume: 477 shares Aggregated price: £3,550.79 | |
e) | Date of the transaction | 30 June 2022 | |
f) | Place of the transaction | London Stock Exchange (XLON) |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Lincoln Wallen | |
2 | Reason for the notification | ||
a) | Position/status | Non-Executive Director | |
b) | Initial notification /Amendment | Initial notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Pearson plc | |
b) | LEI | 2138004JBXWWJKIURC57 | |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of 25 pence each in Pearson plc ISIN: GB0006776081 | |
b) | Nature of the transaction | Purchase of shares arising from Company's Non-Executive Directors' Share Purchase Plan | |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
Purchase price: £7.444 per share | 530 | ||
d) | Aggregated information - Aggregated volume - Price | Aggregated volume: 530 shares Aggregated price: £3,945.32 | |
e) | Date of the transaction | 30 June 2022 | |
f) | Place of the transaction | London Stock Exchange (XLON) |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||||||
a) | Name | Omid Kordestani | |||||
2 | Reason for the notification | ||||||
a) | Position/status | Chair | |||||
b) | Initial notification /Amendment | Initial notification | |||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||
a) | Name | Pearson plc | |||||
b) | LEI | 2138004JBXWWJKIURC57 | |||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||||
a) | Description of the financial instrument, type of instrument Identification code | American Depositary Receipts (ADRs) in Pearson plc, each ADR represents one ordinary share of 25 pence in Pearson plc ISIN: US7050151056 | |||||
b) | Nature of the transaction | Purchase of shares arising from Company's Non-Executive Directors' Share Purchase Plan | |||||
c) | Price(s) and volume(s) | Price(s) | Volume(s) | ||||
Purchase price: $9.0877 per ADR | 13,517 | ||||||
d) | Aggregated information - Aggregated volume - Price | Aggregated volume: 13,517 ADRs Aggregated price: $122,838.44 | |||||
e) | Date of the transaction | 30 June 2022 | |||||
f) | Place of the transaction | New York Stock Exchange (XNYS) |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Esther Lee | |
2 | Reason for the notification | ||
a) | Position/status | Non-Executive Director | |
b) | Initial notification /Amendment | Initial notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Pearson plc | |
b) | LEI | 2138004JBXWWJKIURC57 | |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
a) | Description of the financial instrument, type of instrument Identification code | American Depositary Receipts (ADRs) in Pearson plc, each ADR represents one ordinary share of 25 pence in Pearson plc ISIN: US7050151056 | |
b) | Nature of the transaction | Purchase of shares arising from Company's Non-Executive Directors' Share Purchase Plan | |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
Purchase price: $9.0877 per ADR | 458 | ||
d) | Aggregated information - Aggregated volume - Price | Aggregated volume: 458 ADRs Aggregated price: $4,162.17 | |
e) | Date of the transaction | 30 June 2022 | |
f) | Place of the transaction | New York Stock Exchange (XNYS) |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Linda Lorimer | |
2 | Reason for the notification | ||
a) | Position/status | Non-Executive Director | |
b) | Initial notification /Amendment | Initial notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Pearson plc | |
b) | LEI | 2138004JBXWWJKIURC57 | |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
a) | Description of the financial instrument, type of instrument Identification code | American Depositary Receipts (ADRs) in Pearson plc, each ADR represents one ordinary share of 25 pence in Pearson plc ISIN: US7050151056 | |
b) | Nature of the transaction | Purchase of shares arising from Company's Non-Executive Directors' Share Purchase Plan | |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
Purchase price: $9.0877 per ADR | 579 | ||
d) | Aggregated information - Aggregated volume - Price | Aggregated volume: 579 ADRs Aggregated price: $5,261.78 | |
e) | Date of the transaction | 30 June 2022 | |
f) | Place of the transaction | New York Stock Exchange (XNYS) |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
PEARSON plc | |
Date: 04 July 2022 | |
By: /s/ NATALIE WHITE | |
------------------------------------ | |
Natalie White | |
Deputy Company Secretary |